Software Development Expenditure for services to clients is Revenue expense

DCIT Vs Sikraft Infotech Private Limited (ITAT Mumbai) Software Development expenses claimed by the assessee are in the nature of payment of salaries and allowances to the Engineers, travelling expenses, etc. The assessee is engaged in the process of providing automation, software and hardware engineering. The said expenditure is in the regular course of business photo studio of the assessee, which has been named as Software Development Expenditure. The CIT(A) has given a categoric finding that the said expenses are not towards Software Development for use by the assessee but for rendering ser...